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Offer sheets

Teams Debating Jake Oettinger Offer Sheet

July 7, 2022 at 10:37 am CDT | by Gavin Lee 29 Comments

For years, there was talk of offer sheets without any actual action. That’s changed recently, with the competing offers between the Montreal Canadiens and Carolina Hurricanes for Sebastian Aho and Jesperi Kotkaniemi. Now, when offer sheets are brought up, they at least can’t be dismissed entirely.

That’s why this morning’s report from Pierre LeBrun of The Athletic that teams around the league are debating the merits of a Jake Oettinger offer sheet is so intriguing. The young goaltender showed this postseason that he is ready to step into the limelight as a star, posting a .954 save percentage in seven games, almost dragging the Stars past the Calgary Flames in the first round by himself.

With Jason Robertson also a restricted free agent and a few other spots to fill, the Stars have a limited amount of cap flexibility to work with, which could make an Oettinger offer sheet more appealing for some teams. It doesn’t make much sense to sign a player to one without real hope that it might not be matched.

That can draw the ire of opposing managers who are trying to keep contracts low with their young RFAs. In fact, that’s what happened in the Aho situation, with the Hurricanes quickly matching only to retaliate down the road.

So if you’re going after Oettinger, it’s going to have to be a deal that the Stars will have trouble matching, or at least reach the level of compensation to make them hesitate.

The compensation thresholds this year are:

$1,386,490 or less No compensation
$1,386,491 to $2,100,472 Third-round pick
$2,100,473 to $4,201,488 Second-round pick
$4,201,489 to $6,302,230 First and third-round picks
$6,302,231 to $8,402,975 First, second and third-round picks
$8,402,976 to $10,503,720 Two firsts, a second and third-round picks
Over $10,503,721 Four first-round picks

Check here for a more detailed explanation. 

Coming off his entry-level deal and not eligible for arbitration, the Stars could normally keep the netminder’s contract relatively low, especially with a short-term bridge deal. An offer sheet then becomes basically the only leverage that Oettinger’s camp has, meaning these whispers could just be a negotiating tactic.

Remember, teams must use their own draft picks for compensation, not selections that have been acquired from other clubs. It also can’t happen until he actually reaches RFA status on July 13.

Dallas Stars| Jake Oettinger| Offer sheets| RFA

29 comments

2022 Offer Sheet Compensation

May 18, 2022 at 5:04 pm CDT | by Gavin Lee 1 Comment

Though still rare, we have started to see the offer sheet used a little more often. In 2019, the Montreal Canadiens signed Sebastian Aho to a five-year deal, which was quickly matched by the Carolina Hurricanes to keep their star. That meant turning down a substantial package of picks, and locking Aho into a deal that was certainly not very team-friendly. In response, the Hurricanes signed Jesperi Kotkaniemi to a one-year deal worth more than $6.1MM last summer, something the Canadiens just couldn’t match. They received first- and third-round picks in exchange, while the Hurricanes recently signed Kotkaniemi to a long-term deal that drops his cap hit considerably.

Offer sheet compensation is based on the average salary of the league, and as CapFriendly reports, this year’s thresholds have increased a little more than two percent. Below is the full breakdown, with the contract’s average annual value placing it in one of seven tiers:

$1,386,490 or less No compensation
$1,386,491 to $2,100,472 Third-round pick
$2,100,473 to $4,201,488 Second-round pick
$4,201,489 to $6,302,230 First and third-round picks
$6,302,231 to $8,402,975 First, second and third-round picks
$8,402,976 to $10,503,720 Two firsts, a second and third-round picks
Over $10,503,721 Four first-round picks

It is important to note that any team trying to sign a player to an applicable offer sheet must use their own draft picks for compensation, not ones that have been acquired. That rules several teams out already from signing high-profile RFAs unless they were to work to reacquire their picks before submitting the contract. An offer sheet’s average annual value is also calculated slightly differently than a normal contract; if the contract is of a length greater than five years, the total salary is still divided by five to determine the AAV. That would mean a seven-year contract worth $8MM per season would actually carry an AAV of $11.2MM for purposes of offer sheet compensation.

There are some restricted free agents, like Montreal’s Alexander Romanov, that have not accumulated enough time in the NHL to be eligible for an offer sheet. For more information about the details of offer sheets, check out CapFriendly’s FAQ.

Offer sheets| RFA

1 comment

Notes From The Jesperi Kotkaniemi Offer Sheet

August 29, 2021 at 6:53 pm CDT | by Brian La Rose 18 Comments

Offer sheets in the NHL are few and far between which makes it notable any time one is signed.  Rarer still is one that has a player signing for as much above market value as Jesperi Kotkaniemi did when he signed his one-year, $6,100,015 tender from the Hurricanes on Saturday.  Here are some notes from around the hockey world on the move.

  • Pierre LeBrun of TSN and The Athletic mentions (Twitter link) that Carolina and Montreal did have trade talks regarding Kotkaniemi although clearly, they weren’t able to come to an agreement.
  • Sportsnet’s Eric Engels writes that Montreal’s decision is a lot harder than the one the Hurricanes had two years ago when the Canadiens tendered an offer sheet to Sebastian Aho. He suggests Arizona’s Christian Dvorak as someone they’d be wise to have discussions about over the one-week matching period to see if some of the draft capital they’d get by not matching could be flipped for him.
  • Renaud Lavoie of TVA Sports relays (Twitter links) that league executives pegged Kotkaniemi’s actual value on a one-year deal no higher than $2.2MM, providing some perspective on how much of a perceived overpayment this contract is. He adds that the idea to tender Kotkaniemi the offer sheet came from Hurricanes owner Tom Dundon, not GM Don Waddell.
  • Arpon Basu of The Athletic writes (subscription link) that Montreal’s bigger concern should be that Kotkaniemi, who had spoken about wanting to stay with the Canadiens for the long haul in the past, was willing to go along with the offer sheet. He feels Montreal is in a no-win situation by either needing to pay Kotkaniemi well above market value and potentially messing up their salary structure or losing someone they hoped would be a franchise cornerstone for somewhat of an underwhelming return.
  • Sportsnet’s Elliotte Friedman reports in the latest 31 Thoughts podcast (audio link) that Montreal wasn’t close on a contract with Kotkaniemi’s camp and was focused on a bridge contract which is something the 21-year-old wasn’t interested in. He also believes that Carolina had discussions with Kotkaniemi on the framework of a long-term extension that could be signed once eligible that would come with a price tag below this one.  Of course, Kotkaniemi wouldn’t have to agree to that knowing that he’ll need to be qualified at $6.1MM next summer.
  • While Carolina would technically be over the salary cap if the Canadiens don’t match, Sara Civian of The Athletic suggests (subscription link) that it may not be too difficult for them to get back under by clearing out the remaining two years at $4MM on defenseman Jake Gardiner’s contract. Considering he has cleared waivers before, they’d likely need to provide some retention on that contract to make a trade work.

Carolina Hurricanes| Jesperi Kotkaniemi| Montreal Canadiens| Offer sheets

18 comments

Hurricanes Tender Offer Sheet To Canadiens’ Jesperi Kotkaniemi

August 28, 2021 at 4:49 pm CDT | by Zach Leach 54 Comments

The old adage surrounding offer sheets is that if one team messes with another team’s restricted free agents, they open themselves up to attack as well. After the Montreal Canadiens tendered an offer sheet to Carolina Hurricanes star Sebastian Aho two years ago, they are now facing the consequences. The ’Canes have returned the favor, announcing (in French at that) they have extended an offer sheet to Habs’ center Jesperi Kotkaniemi, which he has signed. The offer is for one year and $6,100,015. If you thought this wasn’t all about retribution, here is the kicker: the deal also includes a $20 signing bonus – Aho’s jersey number. Also this. The Canadiens have seven days to respond. They would receive first- and third-round picks if they elect not to match.

There are of course salary cap implication aplenty with this offer sheet. Kotkaniemi’s $6.1MM AAV would put Montreal approximately $8.38MM over the salary cap for 22 players with their expected LTIR relief from Shea Weber only coming in at $7.86MM. In order to match the offer sheet, the Canadiens will have to shed salary this season, enough to fit the overage and another player to round out the roster. Perhaps even more importantly, their starting number for negotiations with Kotkaniemi again next off-season begins with a $6.1MM qualifying offer. For a team with numerous expensive, long-term contracts, that simply may not be palatable. Of course, the Hurricanes face these same risks. The team would go approximately $1.52MM over the salary cap by adding Kotkaniemi, albeit with a full 23-man roster. They also could easily open up the space if they opt to again waive defenseman Jake Gardiner and his $4.05MM cap hit. The more pressing question then is whether Kotkaniemi lives up to his cap hit, which will also serve as his new QO. At the cost of a first and a third, Carolina will want to make sure Kotkaniemi is not just a one-year rental.

This all boils down to how much the Habs value Kotkaniemi, as the Hurricanes – while they had ulterior motives – clearly felt that the $6.1MM cap hit was warranted for the 21-year-old forward. Kotkaniemi, the third overall pick in 2018, has certainly shown flashes of star power. While his regular season numbers are unspectacular with 62 points in 171 NHL games, his playoff production has been stellar with nine goals and twelve points in 29 games. And while Kotkaniemi is still working on some of the fundamentals of the center position, he is a phenomenal possession player and is starting to fill out his frame and become a more physical presence. Kotkaniemi’s value is all about upside at his age. Both teams certainly see it, but only one team has ponied up the cost thus far (at least for one year). All but one offer sheet has been matched since the turn of the century. Will Montreal follow suit?

Though one of the most entertaining stories in roster building in recent memory, and not just in hockey, Carolina’s vicious response to Montreal’s attempted poaching of Aho two years ago is only likely to further deplete the likelihood of offer sheets, which are already considered a MacGuffin to most. Enjoy this while it last, it could be the final one for some time.

Carolina Hurricanes| Jesperi Kotkaniemi| Montreal Canadiens| Newsstand| Offer sheets| Sebastian Aho

54 comments

Negotiation Notes: Larsson, Andersen, Makar, Canucks

June 29, 2021 at 9:38 pm CDT | by Zach Leach 5 Comments

After locking up Ryan Nugent-Hopkins to a long-term deal earlier today, the Edmonton Oilers will next turn their attention to reaching a new deal with defenseman Adam Larsson. According to TSN’s Darren Dreger in the latest edition of “Insider Trading“, that is more of a “when” than an “if” at the is point. Dreger states that the two sides are already close to a new deal and “in the final stretch” of negotiations. He expects that an extension will be reached soon. For Expansion Draft purposes, soon may not be until later next month, but a handshake agreement will do in the meantime. Larsson, 28, is one of the more stable defensemen in the NHL. If the defensive-minded right-shooter hit the open market, he would draw plenty of attention, but like Nugent-Hopkins, Larsson appears willing to settle on a deal to keep him in Edmonton with reigning Hart Trophy winners Connor McDavid and Leon Draisaitl. So really, with RNH signed and Larsson not far behind, the Oilers may actually be focusing on external negotiations already, as Dreger notes they must add a goalie and complementary scoring forwards this summer.

  • It may come as a surprise following a career-worst season, but there is mutual interest in an extension between the Toronto Maple Leafs and goaltender Frederik Andersen. TSN’s Pierre LeBrun reports that agent Claude Lemieux recently met with the Maple Leafs’ brass and both sides expressed interest in a new deal, perhaps to the surprise of both. Andersen is likely not keen to enter the open market after a down year (and really many years of slow decline) when he could instead stay in familiar territory in Toronto. The Leafs also need a netminder this off-season and may be content to stick with Andersen, despite his struggles, given the play of Jack Campbell this season. LeBrun does point out that Toronto has told Andersen’s camp that he would be sharing the net with Campbell, potentially even starting out at less than 50% of starts, but Andersen is reportedly open to that arrangement.
  • Every year there is the threat of offer sheets and every year it never happens, but LeBrun notes that rumblings around the league are that Colorado Avalanche star Cale Makar could be the prime candidate this summer. With the Avalanche needing to extend the First Team All-Star as well as captain Gabriel Landeskog, starting goaltender Philipp Grubauer, and top-six forward Brandon Saad, all while saving room to extend superstar Nathan MacKinnon and replace several impending UFA’s next summer, cap space is tight in Denver. If another team swooped in with an offer that Makar couldn’t refuse, it might just be too much of a handicap for the Avs. Doubtful, but possible. Colorado can eliminate the risk of an offer sheet to their young phenom if they can lock Makar up before the market opens on July 28.
  • The Vancouver Canucks are already hard at work on extension for arguably their two most important players, defenseman Quinn Hughes and center Elias Pettersson. The pair of restricted free agents are centerpiece players for the Canucks and the team will whatever it takes to keep them around as long as possible. Dreger notes that GM Jim Benning and company are meeting again this week with agents from CAA Sports, who represent both young stars. A number of possibilities are on the table for both players, including a three-year bridge deal for Pettersson in the same vein as the recent contracts of Mathew Barzal and Brayden Point. However, it seems like long-term is the ideal goal. Pettersson is reportedly open to a long-term deal like that of Mikko Rantanen, while Hughes has explored contracts with terms between four and six years.

Adam Larsson| Brandon Saad| Cale Makar| Colorado Avalanche| Edmonton Oilers| Elias Pettersson| Frederik Andersen| Free Agency| Gabriel Landeskog| Jack Campbell| Jim Benning| Nathan MacKinnon| Offer sheets| Philipp Grubauer| Toronto Maple Leafs| Vancouver Canucks

5 comments

2021 Offer Sheet Compensation

June 28, 2021 at 3:00 pm CDT | by Gavin Lee Leave a Comment

Though still rare, we did see an offer sheet make an impact in the 2019 offseason as the Montreal Canadiens signed Sebastian Aho to a five-year deal. It was quickly matched by the Carolina Hurricanes, meaning Aho stayed put and the team had to turn down a big package of draft picks that Montreal would have had to surrender.

Offer sheet compensation is based on the average salary of the league, and Elliotte Friedman included the thresholds for this year in his latest 31 Thoughts column for Sportsnet. Below is the full breakdown, with the contract’s average annual value placing it in one of seven tiers:

$1,356,540 or less No compensation
$1,356,540 to $2,055,364 Third-round pick
$2,055,364 to $4,110,732 Second-round pick
$4,110,732 to $6,166,096 First and third-round picks
$6,166,096 to $8,221,463 First, second and third-round picks
$8,221,463 to $10,276,829 Two firsts, a second and third-round picks
Over $10,276,829 Four first-round picks

For the first time in quite a while, these thresholds actually decreased from last offseason, thanks to the pandemic-related squeeze on player contracts. The average league salary finished at $2,960,905 according to Friedman, an 11.6% fall from 2019-20. Because of that decrease, the numbers for compensation have similarly fallen; last offseason, you could sign a player up to a $1,439,820 AAV without being required to give up any compensation.

It is important to note that any team trying to sign a player to an applicable offer sheet must use their own draft picks for compensation, not ones that have been acquired. That rules several teams out already from signing high-profile RFAs unless they were to work to reacquire their picks before submitting the contract. An offer sheet’s average annual value is also calculated slightly differently than a normal contract; if the contract is of a length greater than five years, the total salary is still divided by five to determine the AAV. That would mean a seven-year contract worth $8MM per season would actually carry an AAV of $11.2MM for purposes of offer sheet compensation.

There are some restricted free agents, like Vancouver’s Quinn Hughes, that have not accumulated enough time in the NHL to be eligible for an offer sheet. For more information about the details of offer sheets, check out CapFriendly’s FAQ.

Elliotte Friedman| Offer sheets

0 comments

2020 Offer Sheet Compensation

October 9, 2020 at 10:56 am CDT | by Gavin Lee 2 Comments

We finally saw an offer sheet used last summer as the Montreal Canadiens signed Sebastian Aho to a five-year deal, but the deal was quickly matched by the Carolina Hurricanes. Aho stayed put, but the team had to turn down a big package of draft picks that Montreal would have had to surrender.

Offer sheet compensation is based on the average salary of the league, and the NHL has released the thresholds for this year. Below is the full breakdown, with the contract’s average annual value placing it in one of seven tiers:

$1,439,820 or less No compensation
$1,439,820 to $2,181,545 Third-round pick
$2,181,545 to $4,363,095 Second-round pick
$4,363,095 to $6,544,640 First and third-round picks
$6,544,640 to $8,726,188 First, second and third-round picks
$8,726,188 to $10,907,735 Two firsts, a second and third-round picks
Over $10,907,735 Four first-round picks

It is important to note that any team trying to sign a player to an applicable offer sheet must use their own draft picks for compensation, not ones that have been acquired. That rules several teams out already from signing high profile RFAs, unless they were to work to reacquire their picks before submitting the contract.

There are some restricted free agents, like Philadelphia’s Nolan Patrick, that have not accumulated enough time in the NHL to be eligible for an offer sheet. The full list of eligible players can be found here. For more information about the details of offer sheets, check out CapFriendly’s FAQ.

Offer sheets| RFA

2 comments

East Notes: Capitals Defense, Montreal Offer Sheet, Debrusk

July 4, 2020 at 3:57 pm CDT | by Holger Stolzenberg 3 Comments

The Washington Capitals may be considered one of the top teams in the Eastern Conference, but they have their work cut out for them. The team struggled in the last two months before play was suspended with a mediocre 8-9-3 over their past 20 games. Much of their struggle is due to the team’s poor defense where head coach Todd Reirden was seen experimenting with different defensive combinations over that stretch, which included removing veteran Radko Gudas from the rotation altogether.

In a panel of writers, The Athletic’s Tarik El-Bashir (subscription required) writes that a new training camp couldn’t come at the right time for the Capitals who now have a second chance to find the right pairings and fix their leaky blueline. Much will depend on the players and how they perform at training camp, but there is hope that defenseman Michal Kempny might have more confidence now in his surgically repaired hamstring. The team will also hope Gudas can bounce back and push his way back into the lineup. The team might also get a boost from trade deadline acquisition Brenden Dillon, who will get a training camp to adjust to his new team. El-Bashir also notes the team could look to prospect Martin Fehervary, who will also be on the Capitals’ roster.

  • In a recent mailbag column, The Athletic’s Arpon Basu (subscription requires) responds to a question about offer sheets and St. Louis Blues defenseman Vince Dunn. Basu wonders whether the Montreal Canadiens might be an interesting destination for the 23-year-old blue liner since St. Louis is currently cap-strapped and have to deal with the contract of Alex Pietrangelo as well as the future contracts of Jaden Schwartz and Jordan Binnington. A significant offer sheet at around $4.2MM AAV would be very challenging for the Blues to match and would bring quite a few questions on whether Dunn is worth that much since. especially since he’s not even eligible for arbitration. That offer would only cost the Canadiens a second-round pick in compensation as well. Montreal is also the most recent team to use an offer sheet, having tried to pry away Carolina’s Sebastian Aho last offseason to no avail.
  • The Boston Globe’s Kevin Paul Dupont writes that head coach Bruce Cassidy is stuck once again with answering the question, ’Who will play alongside David Krejci?’ on the team’s second line. The scribe writes that while Jake Debrusk would seem to be a solid candidate to take that role, training camp could open up the possibilities of moving Nick Ritchie and Ondrej Kase into those roles where chemistry might not be that big of an issue with time to acclimate with Krejci. That would not be good for Debrusk’s stock as he will be a restricted free agent at the end of the year and finding himself on the third line wouldn’t help is value.

Brenden Dillon| Bruce Cassidy| David Krejci| Jake DeBrusk| Michal Kempny| Montreal Canadiens| Offer sheets| St. Louis Blues| Washington Capitals

3 comments

PHR Panel: Offer Sheet Candidates

April 1, 2020 at 5:00 pm CDT | by Gavin Lee 6 Comments

We’re now several weeks into an NHL postponement and there is still no clear timeline on when professional hockey will return. While fans of the sport have received small tidbits of news over that time, including college signings and contract extensions, the thirst for discussion has rarely been quenched.

With that in mind, we’re happy to continue our new feature: The PHR Panel. Three times a week, our writing staff will give our individual takes on a question many hockey fans have been wondering about. If you’d ever like to submit a subject for us to discuss, be sure to put it in the comments. This series will run each Monday, Wednesday and Friday.

Last week we touched on potential playoff formats the league could use if the season resumes later this summer, and took a look at how the shortened scouting period affects draft prospects.

Today, we’ll each give our thoughts on potential offer sheet fireworks.

Q: Which players could be offer sheet candidates this offseason?

Brian La Rose: 

Islanders center Mathew Barzal would have been at or near the top of the list but GM Lou Lamoriello tried his best to put an end to that last month when he stated they would match any offer.

I’ve long thought that it’s the lower-priced players that make sense as offer sheet targets rather than the ones for top talent and perhaps this will be the year where that happens considering the potentially lower salary cap.

The Rangers are a team that could be hit hard by that which leaves someone like Anthony DeAngelo at risk.  He’s having a breakout year offensively but with Alexandar Georgiev and Ryan Strome needing new deals plus Kevin Shattenkirk’s buyout cost jumping, they may have a hard time keeping him which makes him a potential piece.  At the lower end, Brendan Lemieux could be an option as New York will want him to take a cheaper short-term deal which leaves them vulnerable to a longer-term offer.

Chicago could be vulnerable on the cap, especially if their currently injured veterans are cleared to come back.  In particular, they probably can’t afford to give Dylan Strome a long-term offer and can use his ineligibility for arbitration to try to force that direction.  But if he wants a long-term deal, he may have to take an offer sheet to get it.

There’s no guarantee that there will be one this offseason but the pending cap situation makes it more of a realistic option than it usually is.

Holger Stolzenberg: 

I feel like many people are talking about teams making big offers to the New York Islanders’ Mathew Barzal, but I can’t really see that as an option for teams. While there was one offer sheet last year that went to Carolina’s Sebastian Aho, I really can’t see teams allowing their franchise player to leave for any reason. Even if Montreal had made a bigger offer, it seems hard to believe that the Hurricanes would have let Aho go. The same would go for Barzal. After losing John Tavares to free agency, there is no way Lou Lamoriello would allow Barzal to leave.

The only way that a team would be able to pull off a successful offer sheet would be to attack a team right up against the cap with a mid-level player with a big offer. Teams need to focus on a team like the Boston Bruins and give an offer sheet to someone like Jake Debrusk, who with a solid offer, might outprice himself on a team full of expensive veterans. The question is whether a player like Debrusk is worthy of a solid offer that might overwhelm the cap of the Bruins as he isn’t necessarily looked upon as a franchise player. However there is a much better chance of success than going after a franchise face.

Zach Leach: 

I have always felt that an offer sheet is a tool of opportunity. It is not necessarily best-used to try to outbid a competitor for one of the best RFA’s on the market, but instead to take advantage of a team struggling against the cap or an internal budget. Should the 2020-21 salary cap come in below the estimation, a number of teams will be in that situation this year. For those lucky enough not to be left scrambling by an uncertain offseason, they could go hunting for valuable RFA’s on troubled teams.

No team is more at risk than the Tampa Bay Lightning. Tampa is lacking space heading into the off-season with a trio of prize RFA’s in need of new deals. I feel one of these three – Anthony Cirelli, Mikhail Sergachev, and Erik Cernak – is the most likely to sign an offer sheet. Not only can the Bolts not afford to overpay for these players without dismantling their veteran core, but each player also knows that they stand a better chance at playing a bigger role almost anywhere other than with the uber-deep Lightning. It’s also hard to imagine any rival clubs feeling sorry about weakening Tampa, arguably the strongest lineup on paper in the NHL.

Two other situations that bear watching belong to the Chicago Blackhawks and Toronto Maple Leafs, who each have impressive, older rookies heading toward RFA status. 24-year-old Dominik Kubalik has been a revelation for the ’Hawks this season and is likely to be a Calder Trophy candidate. Now that he has proven himself, a competitor could feel comfortable extending a high-salary, long-term deal that Chicago cannot match. If the Blackhawks do match or are proactive with a substantial extension, it would require a shake-up in the roster or could potentially leave Dylan Strome susceptible to an offer sheet himself. Meanwhile, Ilya Mikheyev got off to a hot start in Toronto prior to a season-ending injury but showed in that short time that he is a legitimate NHL talent. The Leafs cannot stretch their young, but expensive roster any further and would have to choose between Mikheyev and another young star if pressed by a sizable offer sheet.

Gavin Lee:

If I’m looking for a target to sign to an offer sheet, I’d never be going after a team’s best player. Those deals will almost certainly be matched, if they even sign it in the first place. No, I’m looking for that underlying group of talented players that may have not yet broken out or received the right opportunity. Obviously if a team is in a cap crunch it can be even more effective, but remember that the player has to be the one to sign it—as in, it has to be worth their while and you’re likely going to have to overpay.

One name that comes immediately to mind in that situation is Kevin Labanc of the San Jose Sharks. After an impressive 17-goal, 56-point 2018-19, Labanc bet on his own talent and agreed to a shocking one-year, $1MM deal with the Sharks. He’s now arbitration-eligible and an RFA once again, perhaps looking to make back some of the money he left on the table.

Now Labanc isn’t a sure thing. His production dropped this season to just 33 points in 70 games, but if you believe he can be a difference-maker on your powerplay and strengthen your middle-six, perhaps he’s the right one to target. The Sharks aren’t in a perfect cap situation because of their expensive, aging core, and are even down several draft picks after going deadline shopping the last few years. Maybe they would have to let Labanc go if he signed a substantial long-term offer sheet.

Offer sheets| PHR Panel| Pro Hockey Rumors Originals

6 comments

More On Mitch Marner’s Negotiation

September 16, 2019 at 10:03 am CDT | by Gavin Lee 5 Comments

Mitch Marner is back at the Toronto Maple Leafs training camp after signing a six-year deal worth more than $65MM last week. The young forward was one of the biggest stories of the offseason as his representatives and the team went back and forth on term and salary, threatening to miss time like his teammate William Nylander last year. This morning, Marner’s agent Darren Ferris told Sportsnet radio that two offer sheets were presented to his client during the offseason but that they never considered accepting them, instead wanting to get a deal done with the Maple Leafs. Marner himself confirmed it, explaining his decision to Kristen Shilton of TSN:

As soon as Darren mentioned [offer sheets], I told him right away I don’t want to explore that option. But I didn’t want to miss training camp…or any games this season, so that’s why I really forced the issue with Kyle [Dubas] to get something done and get me here.

While Marner may have immediately turned down the offer sheets, it does raise some questions about which teams tried them and how much they were willing to pay. Former NHL forward Matthew Barnaby believes they were from the Columbus Blue Jackets and Minnesota Wild, though Marner and Ferris obviously wouldn’t confirm. If they had been equivalent to the deal that Marner eventually got from the Maple Leafs, the teams would have had to give up the maximum RFA compensation of four first-round picks. That’s a tough price for any team to pay, and one that would have forced the Maple Leafs to at least consider the option.

Now though, Toronto can focus on their upcoming preseason schedule with the whole group signed and in training camp. Marner, Auston Matthews and John Tavares now make up three of the seven highest-paid forwards in the league and will need to prove they can have more than just regular season success. With players like Jake Muzzin and Tyson Barrie coming off the books or demanding raises next summer as unrestricted free agents, this season may be one of the team’s only shots with the current group.

Mitch Marner| Offer sheets| RFA| Toronto Maple Leafs

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